HCM City hopes to forge closer ties with Singapore

HCM City (VNA) – Ho Chi Minh City always attaches much importance to developing ties with Singapore in an effective and sustainable manner, Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong told visiting Singaporean Deputy Prime Minister Teo Chee Hean on September 13.

The municipal leader affirmed the city’s wish for the strong growth of ties between Singapore and Vietnam and Ho Chi Minh City in particular, especially in the socio-economic field.

Ho Chi Minh City is interested in foreign investment, including from Singapore, he stressed, pledging that the city will create all favourable conditions for foreign firms during their operation.

He lauded the investment effectiveness of Singaporean businesses, hoping they will continue expanding their investment in various economic fields in the city, especially the promising areas of tourism and high-technology development.

For his part, Teo Chee Hean expressed his impression at the growth of Vietnam and Ho Chi Minh City . The city has full conditions to become a great economic hub, he said, adding that Singapore hopes to continue being a leading partner of the city to contribute to the development of the city in the future.

Singapore is willing to share its experience with Ho Chi Minh City in dealing with challenges in urban development, providing best services to locals in transport, education, health care and environment, he said.

Both sides agreed that Ho Chi Minh City should prepare conditions and resources for the implementation of its growth plans, with focus on investment in education and training, especially high-technology human resources, serving the modern urban expansion in the future.

At the same time, the city should also continue speeding up reform programmes and improving its investment environment, thus attracting more foreign investors, including those from Singapore, they concurred.-VNA